Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Stock Short Interest Report for September

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 8,025 shares, a drop of 39.5% from the September 15th total of 13,258 shares. Based on an average daily volume of 112,701 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Cohen Circle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Cohen Circle Acquisition Corp. II has an average rating of “Sell”.

Institutional Investors Weigh In On Cohen Circle Acquisition Corp. II

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Readystate Asset Management LP bought a new stake in Cohen Circle Acquisition Corp. II during the second quarter valued at $259,000. SkyView Investment Advisors LLC bought a new position in Cohen Circle Acquisition Corp. II in the 2nd quarter worth about $515,000. Lineage Point Capital LP bought a new position in Cohen Circle Acquisition Corp. II in the 4th quarter worth about $717,000. Governors Lane LP increased its stake in Cohen Circle Acquisition Corp. II by 9.7% in the 4th quarter. Governors Lane LP now owns 329,018 shares of the company’s stock worth $3,369,000 after acquiring an additional 29,018 shares during the last quarter. Finally, Sona Asset Management US LLC bought a new position in Cohen Circle Acquisition Corp. II in the 1st quarter worth about $3,577,000.

Cohen Circle Acquisition Corp. II Price Performance

Cohen Circle Acquisition Corp. II stock opened at $10.29 on Friday. Cohen Circle Acquisition Corp. II has a 1-year low of $10.11 and a 1-year high of $10.50. The firm’s 50 day simple moving average is $10.31 and its 200 day simple moving average is $10.30.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.06 EPS for the quarter.

Cohen Circle Acquisition Corp. II Company Profile

Cohen Circle Acquisition Corp. II is a blank-check company, also known as a special purpose acquisition company (SPAC), incorporated to pursue a business combination with one or more private businesses. The company does not operate a traditional commercial business and does not currently offer products or services to customers.

The company’s objective is to identify, acquire, or combine with a target company through a merger, stock purchase, or similar transaction. Its search may include businesses in financial services, financial technology, asset management, business services, and related industries, although the ultimate target and transaction terms depend on the company’s ongoing evaluation process.

Until a business combination is completed, Cohen Circle Acquisition Corp.